Burden Quote by Jerome Powell
“We do take seriously our obligation to assess whether our reforms are achieving their desired effects without imposing unnecessary burden.”
About This Quote
Source Speech: Federal Reserve Press Conference, 2023
The quote stresses the need for careful evaluation of reforms to ensure they work as intended and do not create extra costs.
In simple terms: Assess reforms for effectiveness and avoid extra burdens.
Monitor impact and adjust policies accordingly.
Themes
Mood
Type
When to use this quote
- budget planning
- legislative review
- program implementation
- stakeholder consultation
Key Concepts
Questions to Reflect On
- How can we measure true effectiveness?
- What safeguards prevent unnecessary burdens?
Metrics may be hard to define, and political pressure can limit honest appraisal.